@khalexx
BIG š„: BITGET PARTNERS WITH MORPH ANNOUNCING $BGB AS GOVERNANCE TOKEN OF MORPH CHAIN
Morph will become the native onchain home of BGB and serve as the core settlement layer for more than 120 million users worldwide !
BGB gets established as the gas and governance token of @MorphLayer
Morph is a next-generation L2 designed for onchain consumer finance. It powers products like
- Morph Pay for consumers
- Morph Rails for developers economy.
Entire stack of 440M BGB controlled by @bitgetglobal will be transferred to the Morph Foundation of which
-220M tokens (~19.2% of supply) get permanently burned
- Other 220M gets locked with a 2% monthly release over 50 months
A new burn mechanism tied to Morph network activity will gradually reduce total supply to 100M.
š morph.ghost.io/morphing-with-ā¦
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